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Old 06-02-2006, 08:11 AM
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Quote:
Originally Posted by elihayun
No, it is not. It's the difference between them.
See the code in the MACD indicator:
ind_buffer1[i]=
iMA(NULL,0,FastEMA,0,MODE_EMA,PRICE_CLOSE,i)
-
iMA(NULL,0,SlowEMA,0,MODE_EMA,PRICE_CLOSE,i);
Yes, it's the same. EMA cross indicator is substract the SLowEMA from FastEMA. If FastEMA value = SlowEMA value then the result is zero, it's when the 2 EMA is cross. If we attach EMA5 and EMA45 (with PRICE_CLOSE) to the chart, we will get the same result with MACD(5,45,1) . Just my two cents
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